Michael Saylor Advocates for Bitcoin-Based Future with $449.3 Million Purchase

Michael Saylor, a Bitcoin evangelist and founder of Strategy, published a tweet advocating for a Bitcoin-based future and compared buying Bitcoin to buying Manhattan land in the 19th century. He proved his point by purchasing 4,048 BTC, increasing Strategy's total holdings to 636,505 Bitcoins worth $70,918,241,391. The acquisition achieved a Bitcoin yield of 25.7% year-to-date in 2025.

Michael Saylor, the CEO of MicroStrategy Inc. (MSTR), has once again demonstrated his commitment to Bitcoin as a treasury reserve asset. On Tuesday, September 2, 2025, the company disclosed that it had acquired 4,048 Bitcoin at an aggregate purchase price of $449.3 million, an average of $110,981 per Bitcoin [1].

This acquisition brings Strategy's total Bitcoin holdings to 636,505 BTC, valued at nearly $70 billion at current market prices. The stash represents more than 3% of the total Bitcoin supply. The latest acquisition was primarily funded through proceeds from the company's at-the-market offerings, with a significant portion coming from the sale of its Class A common stock [1].

Michael Saylor has long advocated for Bitcoin as a store of value and a hedge against inflation. In a recent tweet, he compared buying Bitcoin to buying Manhattan land in the 19th century, highlighting his belief in the long-term potential of the asset [2].

Strategy's aggressive buying strategy has positioned it as the largest corporate holder of Bitcoin. However, the company's treasurer, Shirish Jajodia, has noted that such purchases do not significantly move the market due to Bitcoin's high trading volume. While institutional buying reduces long-term supply and indirectly strengthens the floor price, short-term price movements are driven by traders and broader macroeconomic forces [1].

Despite the recent acquisition, Strategy's stock has shown volatility. The company's shares are trading at $334.41, up 11.47% year-to-date, with a market cap of $96.02 billion. The stock has a 52-week range between $113.69 and $543.00 [1].

References:
[1] https://cryptobriefing.com/bitcoin-acquisition-strategy-saylor-2/
[2] https://www.tradingview.com/news/cryptonews:bac43bc39094b:0-michael-saylor-s-strategy-scoops-4-048-btc-449-3m-spent-market-barely-blinks/